Birch, J.C., A.C. Newton, C.A. Aquino, E. Cantarello, C. Echeverria, T. Kitzberger, I. Schiappacasse and N.T. Garavito
The authors explored the economic potential of a change in land use from livestock grazing to restored native forest using different discount rates and performed a cost–benefit analysis of three restoration scenarios. Results show that passive restoration is cost-effective for all study areas on the basis of the services analyzed, whereas the benefits from active restoration are generally outweighed by the relatively high costs involved.